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Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
The Democratic Party of South Korea has introduced a proposed 'Digital Asset Basic Act' that aims to create a robust regulatory framework for digital assets. This framework encompasses issuance, trading, custody, and supervision, recognizing the growing importance of digital assets as a key link between the real economy and financial markets. The proposal categorizes value-linked digital assets, …
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Draft Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
The ruling Democratic Party of South Korea has introduced a proposed 'Digital Asset Basic Act' that aims to establish a robust legal framework for digital assets. This framework encompasses various aspects, including issuance, trading, custody, and supervision of digital assets. The proposal recognizes the growing importance of digital assets as a key medium connecting the real economy and financ…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
On Wednesday, the Democratic Party of South Korea unveiled a proposal for the 'Digital Asset Basic Act', aiming to establish a comprehensive legal framework for digital assets. This includes regulations on issuance, trading, custody, and supervision. The proposal acknowledges the growing importance of digital assets as a key link between the real economy and financial markets. It categorizes valu…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Legislation to Regulate Cryptocurrencies with Stringent Stablecoin Rules
South Korea's governing Democratic Party has unveiled a proposed 'Digital Asset Basic Act' that aims to establish a robust legal framework for digital assets. This includes regulations on issuance, trading, custody, and supervision. The proposal recognizes the growing significance of digital assets as a key link between the real economy and financial markets, and categorizes value-linked digital …
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation
The Democratic Party of South Korea has proposed a new 'Digital Asset Basic Act', aiming to establish a robust legal framework for digital assets, encompassing issuance, trading, and supervision. The proposal acknowledges the growing significance of digital assets as a key link between the real economy and financial markets, and defines value-linked digital assets as those requiring authorization…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
The Democratic Party of South Korea has put forth a proposal for the 'Digital Asset Basic Act', which aims to establish a comprehensive legal framework governing digital assets. This includes regulations for issuance, trading, custody, and supervision. The proposal acknowledges the growing importance of digital assets as a key link between the real economy and financial markets. It categorizes va…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Cryptocurrency Legislation with Banking-Style Regulations for Stablecoins
The Democratic Party of South Korea has proposed a 'Digital Asset Basic Act' that aims to create a regulatory framework for digital assets. This includes rules for issuance, trading, custody, and supervision. According to the proposal, 'digital assets are becoming a key link between the real economy and financial markets.' It categorizes value-linked digital assets, such as those tied to fiat cur…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation to Regulate Cryptocurrencies with Stricter Stablecoin Rules
The Democratic Party of South Korea has proposed the 'Digital Asset Basic Act', which aims to establish a robust legal framework for digital assets. This includes guidelines for issuance, trading, custody, and supervision. The proposal emphasizes the growing importance of digital assets in connecting the real economy and financial markets. It categorizes value-linked digital assets, such as those…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
The ruling Democratic Party of South Korea has put forth a proposal for the 'Digital Asset Basic Act', aiming to establish a robust legal framework for digital assets. This encompasses issuance, trading, custody, and supervision, recognizing the growing significance of digital assets as a bridge between the real economy and financial markets. The proposal categorizes value-linked digital assets, …
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation, Imposing Banking-Style Oversight on Stablecoins
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April 8, 2026, 4:28 p.m.